PodcastSquawk PodSeptember 21, 2026
Treasury Sec. Bessent, AI Control, & the White House Press Pool 9/21/26
Bessent says AI labs, not government, must bear liability for self-disclosed extinction risks as US-China AI dialogue formally launches.
- Bessent-China AI dialogue: Treasury Sec. Scott Bessent met China's Vice Premier He Lifeng for 12 hours, launching a formal US-China AI dialogue with a planned follow-up in Shenzhen in ~2 months, plus an incident-notification hotline.
- Trade truce mechanics: A '30-by-30' trade framework would lower tariffs to most-favored-nation levels on non-critical goods; the suspended higher China tariffs expire Nov. 10.
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